E-commerce to generate 2.5 lakh Jobs in 2016

E-commerce is set to generate 2.5 lakh jobs this year. Hiring in the sector is expected to grow at 60-65%. Most e-commerce businesses have increased their turnover and will develop further, the Assocham report says.

"E-commerce industry is likely to generate nearly 2.5 lakhs jobs in the online retail in 2016 including temporary employees, supply chain, logistics, ancillary units etc," it said.

India's e-commerce market went up to $17 billion in 2014 and to $23 billion in 2015. It is expected to touch $38 billion mark by 2016, it said.

There are nearly 3.5 lakh people working with e-commerce companies. Smartphone ownership and investment from retailers are fuelling the rapid growth of mobile-commerce in India.

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